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PPP Loan Data — Ahtna Construction & Primary Products Company, LLC,
Anchorage, AK
Ahtna Construction & Primary Products Company, LLC
Entity: Not Reported
Industry: Highway, Street, and Bridge Construction
Location: Anchorage, AK
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Ahtna Construction & Primary Products Company, LLC is a located at 110 W 38th Ave Ste 100 in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of $2,755,587.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
135Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONAhtna Construction & Primary Products Company, LLC in Anchorage, AK received a Paycheck Protection Loan of $2.76M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Ahtna Construction & Primary Products Company, LLC's total 2019 payroll expenses were approximately $13.23M in order to qualify for the PPP loan amount received.
Based on their reported 135 jobs retained, this equals an estimated average yearly compensation of $97,976 per employee1.
Business Information - Ahtna Construction & Primary Products Company, LLC in Anchorage, AK
110 W 38th Ave Ste 100
Anchorage, AK 99503
Business Industry
Highway, Street, and Bridge Construction (NAICS code 237310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: AK-Similar Companies near Anchorage
In the Anchorage area, 4 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 76 employees (compared to this company's 135) and received an average PPP loan of $960,094 (compared to this company's $2.76M).
Similar Nearby Businesses Who Received PPP Funding:
Caddo Construction, LLC
Anchorage, AK
Stormwater Plans, LLC
Anchorage, AK
Brice Civil Constructors, Inc.
Anchorage, AK
Industry PPP Comparison Statistics
Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 26 employees, 81% lower than Ahtna Construction & Primary Products Company, LLC's reported 135 employees, and received an average PPP loan of $405,656, 85% lower than this company's loan of $2.76M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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